Boulder Growth & Income Fund, Inc. (NYSE:BIF), a closed-end investment
company (the “Fund”), announced today that the U.S. District Court for
the District of Colorado has entered a final judgment and order of
dismissal approving the settlement and dismissing the derivative action
in the matter captioned Ryskamp v. Looney, et al. (the “Order”). The
Order can be viewed by accessing the Fund’s website at www.boulderfunds.net.
Any obligations under the terms of the settlement will not be triggered
until such time that all rights to appeal have expired.